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Sweet Success

Written By

Published: May 21, 2001

Updated: Feb 2, 2021

1 minute read

eWeek content and product recommendations are editorially independent. We may make money when you click on links to our partners. Learn More

Palm Inc. went public on March 2, 2000, at $40 per share and hit $150 on its first day of trading. Today, its trading around $7.70. So whered all the investor interest go?

Well, a month after Palms IPO, another firm went public at $20 per share. Today, its trading at more than $50—90 times earnings. Krispy Kreme Doughnuts is doing fine.

Maybe food has more long-term profit potential than PDAs. Billionaire Warren Buffet has significant holdings in Sees Candies and International Dairy Queen, but he generally eschews technology stocks.

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eWeek editors publish top thought leaders and leading experts in emerging technology across a wide variety of Enterprise B2B sectors. Our focus is providing actionable information for today’s technology decision makers.

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eWeek has the latest technology news and analysis, buying guides, and product reviews for IT professionals and technology buyers. The site's focus is on innovative solutions and covering in-depth technical content. eWeek stays on the cutting edge of technology news and IT trends through interviews and expert analysis. Gain insight from top innovators and thought leaders in the fields of IT, business, enterprise software, startups, and more.

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